For reasons of national interest and in order to sustain and accelerate economic development in Mindanao and Palawan, and as recommended by the House  of  Representatives  pursuant  to  House  Resolution  No.  78  dated  06 December 2017, the exemption from payment of travel tax for all travelers by air and/or sea from all international airports and/or seaports in Mindanao and Palawan to any destination in the Brunei Darussalam-Indonesia-Malaysia- Philippines - East ASEAN Growth Area (BIMP-EAGA) is hereby renewed.

The Travel Tax Exemption shall be granted for a period of five (5) years from the effectivity of this Order. A Travel Tax Exemption Certificate may be secured from the Tourism Infrastructure and Enterprise Zone Authority.

The National Economic and Development Authority, in coordination with all relevant government agencies, is hereby directed to conduct an impact study on the implementation of this Order and submit an annual report to the Office of the President for the purpose of determining whether the exemption shall be continued or revoked.

This Memorandum Order shall take effect immediately.

DONE, in the City of Manila, this 8th day of May, in the year of Our Lord, Two Thousand and Eighteen.